Stock market news from ShareCast

Stock market reports

London close: Stocks fall as US inflation pressures ease
Fri 28 June 2024 17:23
(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Europe close: Investors play it safe ahead of French vote
Fri 28 June 2024 16:30
(Sharecast News) - European shares were mostly lower on Friday as investors played it safe ahead of the first round of the French legislative elections on Sunday.
US open: S&P 500 and Nasdaq Composite at record highs at Q2's end
Fri 28 June 2024 12:32
(Sharecast News) - Wall Street's main market indices were trading at or near record highs at the end of the second quarter.
Asia report: Markets rise as Japan industrial output tops forecasts
Fri 28 June 2024 11:22
(Sharecast News) - Asia-Pacific markets saw significant gains on Friday, driven by strong economic data from Japan, including a better-than-expected rise in industrial production.
London midday: FTSE maintains gains after GDP data, ahead of US inflation
Fri 28 June 2024 10:58
(Sharecast News) - London stocks were still in the black by midday on Friday as investors mulled better-than-expected UK GDP data and looked ahead to a key US inflation reading.

Friday newspaper round-up: Port Talbot, Elon Musk, Amazon
Fri 28 June 2024 07:28
(Sharecast News) - Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the
Thursday newspaper round-up: Betting advertising, Ferrari, Mike Ashley
Thu 27 June 2024 07:17
(Sharecast News) - The UK's current trade deal with the EU is not working and the country must stop "walking on eggshells" around the issue of building closer ties with its biggest trading partner, the director general of the British Chambers of Commerce

Cineworld said to be leaning towards CVA
Fri 28 June 2024 15:34
(Sharecast News) - The owners of Cineworld are reportedly leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.
Mirriad flags weaker first-half revenue
Fri 28 June 2024 12:39
(Sharecast News) - Virtual product placement and in-content advertising specialist Mirriad said in an update on Friday that it expected revenue for the first half to be around Â£0.4m, down from Â£0.59m in the first six months of the 2023 financial yea
European drugs body backs Moderna jab
Fri 28 June 2024 12:34
(Sharecast News) - Europe's drug regulator has backed Moderna's novel vaccine for respiratory syncytial virus, the US pharmaceutical firm announced on Friday.
UK banking customers hit by pay day IT glitches
Fri 28 June 2024 11:37
(Sharecast News) - A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.
Nokia buys US firm Infinera to bolster optical networks
Fri 28 June 2024 11:37
(Sharecast News) - Shares in California-based network connectivity solutions group Infinera were surging ahead of the opening bell on Friday after Finnish telecoms giant Nokia agreed to pay $2.3bn to take over the company in a bid to increase its scale in

Director dealings: Odyssean non-exec invests, Vertu CEO's wife sells shares
Fri 28 June 2024 12:37
(Sharecast News) - Among the director dealings disclosed to the market on Friday were two involving Odyssean Investment Trust and Vertu Motors.
Director dealings: Cake Box, QinetiQ chief executives disclose deals
Thu 27 June 2024 15:48
(Sharecast News) - Two director dealings disclosed to the market on Thursday involved the chief executives of Cake Box Holdings and QinetiQ Group.

Sector movers: Stocks gain as investors stop chasing gains in tech
Mon 24 June 2024 13:07
(Sharecast News) - Shares in the FTSE 350 continued to rally back towards their all-time highs at the start of the week, as investors rotated back towards value shares while taking some profits in technology names following recent sharp gains in the space
Sector movers: Electricity companies, precious metals miners pace gains
Tue 18 June 2024 17:26
(Sharecast News) - Stocks caught a bid on Tuesday despite the release of weaker-than-expected retail sales data in the States for the month of May.

Ethernity secures $1.05m licence agreement
Fri 28 June 2024 15:28
(Sharecast News) - Data processing semiconductor technology specialist Ethernity Networks announced on Friday that it had secured a $1.05m licence agreement with a new tier one US-based aerospace system products provider.
Symphony reports consistent trading as it works to accelerate projects
Fri 28 June 2024 12:31
(Sharecast News) - Symphony Environmental Technologies said in an update on Friday that its trading remained consistent with recent statements.
Amaroq gets approval for Nalunaq environmental, social assessments
Fri 28 June 2024 12:25
(Sharecast News) - Southern Greenland-focussed mine developer Amaroq Minerals announced the approval of the environmental impact assessment (EIA) and social impact assessment (SIA) for its Nalunaq project on Friday, by the government of Greenland.
MediaZest reports improvement in first-half revenue, losses
Fri 28 June 2024 12:21
(Sharecast News) - Creative audio-visual specialist MediaZest reported a significant improvement in both revenue and its losses in its first-half results on Friday.
Anglesey Mining raising £0.42m to fund ongoing work
Fri 28 June 2024 12:14
(Sharecast News) - Anglesey Mining announced plans to raise approximately £0.415m on Friday, through a proposed placing and subscription, to help fund its work at Parys Mountain and Grangesberg.

Capita to focus on core segments
Thu 13 June 2024 08:55
(Sharecast News) - Process services company Capita said on Thursday that it will look to focus on its core segments as the firm hopes to improve both its financial performance and cash generation.
Motorpoint FY revenues drop
Thu 13 June 2024 08:06
(Sharecast News) - Car retailer Motorpoint said on Thursday that revenues had dropped in the year ended 31 March as it faced a number of economic challenges throughout the period.